FOR IMMEDIATE RELEASE
Pressnews.biz (Press Release) Mar 8, 2015
-- The suit identifies Baxton as unlawful imitators who tried to benefit from Larse Capital Ltd's good name and reputation. The company is confident that major damages will be awarded to Larse due to the overwhelming evidence in their favor, including proof that some Larse Capital Ltd. site content dates as far back as 2001.
Baxton is also facing numerous statutory charges levied by regulators. Those charges carry with them serious penalties for the company as well as its principals. At no time was any client data at risk, and there were no service disruptions to Larse clients at any time. If you have any concerns about your accounts or transactions, please contact your representative immediately.
Larse Capital Ltd. is an innovator in the growing alternative investments market. The business is dedicated to providing private and professional investors with access to the skills of top-notch hedge fund managers, packaged in a wide range of off-the-rack product structures and customized solutions. More information regarding the company can be found on the website Larse.com.
The content of this release does not constitute any financial, business, investment, legal, tax, or accounting advice and as such, you should not make this content the sole basis for any investment decisions made by or on behalf of you, and you are advised to consult the appropriate advisors concerning any potential transactions. Larse Capital Ltd. provides this content based on information which is otherwise widely available and while this content is based upon information that the company considers reliable and attempts to keep current, neither Larse Capital Ltd. nor any of its managers, staff or subsidiaries have verified this information, nor do they have any responsibility to maintain the content or to supply any corrections or updates concerning this content. By using the content in this release, you expressly acknowledge and agree that the content provided to you is on an as is basis, used at your own risk and shall not be solely relied on by you or your advisors.
Any mention of valuations of securities or other assets held by funds may be estimated, and the securities or other assets may not have a readily ascertainable market price, or may otherwise be difficult to value. Each of the fund administrators use the best and latest available valuations which are unaudited and may be subject to no other verification other than due diligence. Such valuations may relate to a date previous to the net asset value date of the relevant fund. The net asset value performance of a investment fund may not be indicative of how it may perform in the future. The valuation of securities or other assets may fluctuate considerably in the short and long term, and the historic net asset values shown take no account of the costs of realizing some or all securities or other assets.
Past performance is no guarantee to future returns. The value of shares in a fund and the income from them, if any, could fall as well as rise. Investing in any funds involves certain risks, including risks in direct relation to that fund, its shares, underlying funds and the strategies those funds utilize. Because the return and capital appreciation of an investment will fluctuate with changes in market conditions, currency exchange rates and other factors when disposed of, the investment may be worth more or less than their original cost. Investors may also incur sales commissions or fees which may result in
reduced net returns. There are significant risks associated with any investment, and any particular fund may not be suitable for all investors.